Articles
Articles and analyses from the INET community on the key economic questions of our time.

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey's New Report
The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.

From Long COVID Odds to Lost IQ Points: Ongoing Threats You Don’t Know About
Stuck in a fog of misleading narratives, most of us don’t see the true extent of COVID’s persisting—and intensifying—threats. INET’s Lynn Parramore talks to Dr. Phillip Alvelda about the dangers we’re missing and the failures of public health agencies to inform and protect us. *This is Part 1 of a two-part interview.

The Second Coming? Trump vs. Biden
How have the macroeconomic problems in the US blinded many participants and observers to the actual state of the American economy as the election approaches?

The European Union’s New Risk-Based Framework for Fiscal Rules – Overly Complex, Opaque and Self-Defeating
The discrepancy between technocratic rhetoric and economic facts is colossal.

Experts: Negotiating Big Pharma's Prices Won't Stifle Innovation—They Don't Use the Money to Innovate!
Industry lobbyists vehemently oppose Medicare drug price negotiations. However, physician-scientist Fred Ledley and economist William Lazonick debunk their arguments.
Inflation and Power

Finally, an Economist Takes on the Topic of Power
Alessandro Roncaglia has mulled the topic of power over his long and distinguished career – a topic most economists avoid. His new book explores the historical dynamics of power and asks how we can change its distribution today.

As Presidential Hopefuls Spar on Social Security, This Expert Separates Fact from Fiction
Eric Laursen, author of The People’s Pension, explains to INET’s Lynn Parramore what’s at stake for Americans in a year of sneak attacks and misinformation.
The Dutch Earthquake

What Does Mustard Gas Have in Common with Crypto and Blockchain?
In his new book, Let Them Eat Crypto, Peter Howson cautions that the technologies are not just fraudulent but causing indefensible harm to both humanity and the planet.

Jim Chanos: “The Crypto Ecosystem Is Well-Suited for the Dark Side of Finance.”
The famed short-seller talks Sam Bankman-Fried, why Wall Street is still so keen on crypto, and how technology is making us dumber.
Is Too Big to Fail Over?

Creating the Post-2008 Global Safety Net: Fed Precedents, Instruments, and Targets
The “liquidity” support provided by the Fed to megabanks through cross-border lending in fact acted as subsidies